EURUSD

Raised SL to 1.06 50

BP 5' --- Closed shorts, at loss , as shown....

BP H. --- 1.20 48 might be a crest . . .Perhaps....and I exited my shorts on the top..... perhaps....

I will be vigilant on Monday for that ....

EURUSD price action on the daily time frame has made a 61.8/78.6 Fib zonal retracement of the 1.14940/0.95350 bearish swing and turned bearish. However, it is presently sideways and tackling the upper boundary of the 1.05000/1.03310 horizontal support zone (green). The dominant trading range is bearish.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

BP and E. 5' --- We are not far from a crest and a reversal in both curr. IMHO.

One more stab to 1.06 93. . . .would be ideal . . . .

Supplement to the review of last week's trading.

Wed:

D1:
There is nothing to reference.


H6:
Extending the trend from B confirms the AB pattern.


H3:


H1:
The price has left the platform with a relatively larger momentum.

M15:
There is nothing to reference.


M5:
*A new low appears after two declines of the platform.

Supplement to the review of last week's trading.

Thu:
There is nothing to reference from D1->M5

Fri:
There is nothing to reference from D1->M5

The price has been stabilizing and trading sideways above the 5-day moving average for two candlesticks.

What's pushing the pair to go up at this point?

My SL was not hit for few pips. . . . Looks like we have seen the top of the day . . . .

BP 5' --- I was not as lucky in BP......My SL was hit while I was out of desk --- I sold immediately again when returned...

I do believe 1.20 65 is the high of the day [at least...]

JY 4H. --- Plenty of space to move higher IMHO. . . . . .

on h4 timeframe eurusd shows ascending movement. most likely pair will grow to level 1.07320.

if pair cant break the level of 1.07320 then pair will fall further.

My trade so far today

I stay the Course. . . . .

BP 5' --- Weakness here is profound . . . .

GREAT . . . . . .

BP 5' --- GREAT. . . . .